Found a CheapTweet on a Twitter based shopping website

With the growing popularity of Twitter it’s no wonder why some people are looking for ways to monetize the use of the service. One website has done just that with the goal of making online shopping social. The website is called CheapTweet and is a Twitter-based deals search engine.

{ad}The website launched back in November 2008, but is hoping to gain more visitors now that Twitter is really beginning to catch on. The website doesn’t include any posts from retailers or affiliate marketers. Instead, all the posts come from real people. Deals are ranked by visitors to the website who vote on the tweets. Appozite, which runs CheapTweet, also runs TweetReach which allows visitors to see how many people their tweet reached.

There are probably some great uses of Twitter’s technology to monetize the platform. I don’t believe the million dollar idea has been found yet, but clearly people are trying. Heck, it gets me thinking about how I can use the technology to make a dollar on a tweet or two.